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Bank credit grows 17.4% in May as rising yields push companies to loansBank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...- Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakhA software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...
- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- India's fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official saysIndia's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import co...
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- Voda Idea may consider raising fresh funds to bolster its booksVodafone Idea's board will meet on May 16 to discuss a significant fundraising plan, aiming to secure fresh capital through equity and warr...
- CBI arrests Kamlesh Parekh after extradition from UAE in Rs 2,672 cr bank fraud caseA major breakthrough in a decade-old bank fraud case. Kamlesh Parekh, a fugitive wanted for Rs 2,672 crore fraud, has been arrested. He was...
- SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
- Coforge completes Encora acquisition; secures $550 million loan, drops QIP planCoforge has completed the acquisition of Silicon Valley-based AI firm Encora for an enterprise value of $2.5 billion. To fund the transacti...
- Jet Airways insolvency resolution journeyA brief timeline of the insolvency resolution process of Jet Airways, which started off as an air tax operator in 1993 and became a schedul...
- RInfra group submits guarantees for Mumbai project; Scrip ralliesThe consortium has submitted Rs 350 crore towards PS-BG and Rs 385 crore for MA-BG to MSRDC.
- Banks may sell Rs 4,000 crore GTL Infra loanSenior officials said that Union Bank has received mandate for all the member banks to jointly sell the loans of the company which will cou...
- GMR Infrastructure-led consortium bags Rs 5,080 crore railway projectThe eastern and western rail freight corridors are expected to be game-changers for India and its push for a bigger rail transportation cap...
- Ashoka Buildcon, GVR Infra bag Rs 985-cr road project in Tamil NaduA consortium of Ashoka Buildcon and GVR Infra Projects has bagged a Rs 985.44 crore contract from the Tamil Nadu Road Development Company.
- MMRDA shortlists 5 consortiums to develop RS 8,800 crore MTHLThe Mumbai Development Authority, MMRDA, has shortlisted five consortiums, for the Rs 8,800- crore Mumbai Trans Harbour Link (MTHL) project.
- Bank bad loans a concern, effort on to fix it: DK Mittal, Financial Services SecretarySome banks have farm NPAs of less than 1%, but some others have 9%. It is a clear indication that we have not been able to follow it up pro...
- L&T bags Rs 1,749 crore orders from SAIL, BALCOEngineering and Construction firm Larsen & Toubro has won Rs 1,749 crore projects from Steel Authority of India & Bharat Aluminium Company.
- L&T-Scomi bags Rs 2,460-crore monorail projectThe Anil Ambani-led Reliance Infrastructure has failed to win a bid to build India’s first monorail project in Mumbai on Monday after a con...
- Maytas Infra bags Gulbarga airport projectMaytas Infra today said a consortium led by it has bagged a project to construct a greenfield airport at Gulbarga in Karnataka.
- Nagarjuna, Maytas Infra to develop Karnataka airportsNagarjuna Construction Company and Maytas Infra have entered into a project development agreement with the Infrastructure Development Depar...
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